Assets in separately managed accounts have grown 4.1% over the past three months, from $32 billion to reach over $805.8 billion in the third quarter, according to the Money Management Institute. Industry assets grew 24.8% over the last year.

The estimated number of industry accounts totaling 2.52 million, represents a decline of 4% since second quarter 2006, and an increase of 18% over the 2.13 million accounts estimated in third quarter 2005.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.